A software solution specifically tailored to your requirements can give you an edge over your competitors. It helps you keep control over processes, tackle business challenges effectively and be flexible as your business evolves. It can also help you avoid costly and inefficient errors by removing redundant tasks as well as the necessity to transmit passwords using unsecure methods (like emails).
A typical enterprise application works across several departments rather than only one as with conventional software solutions, which enhances communication, collaboration and efficiency. Furthermore, this type of software usually includes predictive analytics tools that allow the decision-makers to anticipate market trends and to take the necessary measures before they cause serious damage to the business.
For instance, retailers are able to use data analysis in order to quickly spot sales patterns and modify marketing campaigns, price plans, and levels of inventory based upon real-time information. Similarly, investment managers can anticipate market trends by analyzing historical data and make well-informed decisions regarding asset allocation and portfolio adjustment.
A value-added seller can increase profits by providing services that enhance the buying experience of its customers. A company could, for instance, give prospective buyers a copy of their software or demo floppy discs, or offer consultation prior to sales. In addition, the software company can create bid desks to manage large order quantities that are price-sensitive. Combining these services and others can boost sales for the value-added reseller, and potentially increase revenue for customers too.
